HB 457 -- Senior Citizens' Homestead Tax Relief Act

Sponsor:  Sutherland

This bill changes the qualifications for and the amount of credit
allowed under the senior citizen/disabled person property tax
credit, commonly known as circuit breaker.  The program is
renamed the Senior Citizens' Homestead Tax Relief Act.  The bill
also:

(1)  Increases from $25,000 to $25,500 the maximum income allowed
to claim the credit and indexes the new amount by the increase in
the federal Consumer Price Index in increments of $50; and

(2)  Increases from $13,000 to $13,300 the minimum base and
indexes the new amount by the increase in the federal Consumer
Price Index in increments of $50.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:19 am